Potomac, MD asked in Real Estate Law for Florida

Q: Thanks for the answer- I live in Florida and the real estate home is there The heirs do not want the home

What is a quit claim deed?

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2 Lawyer Answers
Jane Kim
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  • Naples, FL
  • Licensed in Florida

A: A quitclaim deed is a legal instrument which transfers title to real property. It is typically utilized in transactions between family members or if you'd like to transfer your property into a trust. These types of transactions do not have financing. If your property is currently financed, you'd want to advise your mortgagee of the upcoming quitclaim transfer to avoid triggering a due-on clause. Many mortgage companies began to allow transfers that add owners or have trust transfers, with proper notice to them.

Terrence H Thorgaard
Terrence H Thorgaard
  • Freeeport, FL
  • Licensed in Florida

A: A quitclaim deed is a deed which transfers any interest one might have in real property "but without offering any guarantee as to the extent of that interest".


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